☣️ Looking at the Bitcoin drawdown, we can see that the drop in percentage terms has already surpassed the COVID-day drop.
❓ Will the drawdown reach the same level as December 3, 2018, with a drop of 84.22%?
📈 If that happens, the price would come in at the 0.382 Fibonacci projection at $10,190. 🎅 And it would be a big coincidence to happen in the same month of December.
📅 Another great coincidence is that the biggest drawdowns happened between the months of November/December/January/March.
🤔 So, theoretically, in the worst case, the fund would be uncovered by March 2023. Theoretically.
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